moko

‘Tis the season to be jolly for buyers, run for the hills for sellers. Yesterday there were 13 of those with $20m+ homes to sell and hardly a buyer on the horizon. Today? We’re seeing two strong maybes (including a two-figure millions price drop). Yes. Some opportunities are very much worth exploring. You’re buying? It’s […]

It’s a record-breaking field. Think Melbourne Cup with 48 starters. You can forget Flemington when there’s a Group One mega field of top end homes in a race for new owners just 14.9k down the road. Your wager now pays up to 50% more at 3142. It’s happened as suddenly as a Cup Day downpour.

You can never say nothing is happening, but next-to-nothing comes close.  There’s cheery spin on offer and that’s about all that is moving. The plug has been pulled.  EOI’s? Over the last few weeks they’ve been EO(lack of)I even when they were good homes in good positions.  Down the coast? Land tax is taking its

Chatter in the industry: “What’s going on? Where did they all go?” Fear in the industry: “Will there even be a Spring market?” Stalemate. A blip here and there but no real movement. They’ll tell you they’ve seen it all before, but this is different. If they could find the panic button, they’d push it.

Chatter in the industry: “What’s going on? Where did they all go?’ Fear in the industry: “Will there even be a Spring market?” Stalemate. A blip here and there but no real movement. They’ll tell you they’ve seen it all before, but this is different. If they could find the panic button, they’d push it.

A post-budget boing? That’s rarely heard. Yet Boing! it did. In the week after the budget, $320m+ changed hands in Toorak, including two homes which had been begging for attention for over 6 months (one reverberating to six expressions of interest, leaving five interested parties with pockets full of $20m wandering 3142 with nowhere to

There are sinkers and swimmers in the ever-intriguing river which is the top end. Swimmers are mostly underwater, out-of-sight sales made quickly and quietly. Down there, you are in the know or out in the cold. Sinkers? The no-ways. Save your grief and your money. Then come the litmus tests. The exceptions with the lot.

Sales that happen fast. Or don’t. Sales with crowds queuing. Or not. Sales that never happen because nobody moves. It’s the way it is. Or isn’t 39 Albany Road. No big move. “The prettiest house in Toorak,” according to someone we know. It didn’t go far for a buyer. It’s an address about 500m away.

For Sale flags fluttering by beaches from Flinders to Lorne and beyond. Why? Three letter word: T.A.X. The new land tax, payable when the homes you own number more than one. Holiday homes (and other land) are now in the treasurer’s sights. There’s one we know that was taxed $30k and is now staring at

The bloke in the red fat suit still hasn’t got a gig. The Grinch has elbowed him aside and is on the Salubria prowl muttering “No! No! No!” While the buyers are saying, “Too much!” and “Are you kidding?” 14 St George’s Road, Toorak No $50m. “No way.” 4 Erskine Street, Armadale “Fabulous block, great